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Sharp president confirms Foxconn chief met with Trump

Planned American LCD plant likely among topics discussed

Terry Gou

OSAKA -- The chairman of Taiwanese iPhone assembler Hon Hai Precision Industry indeed met with U.S. President Donald Trump at the White House last month, the chief of Japanese subsidiary Sharp revealed Monday.

President Tai Jeng-wu confirmed the meeting between Terry Gou and Trump in a message to employees.

Sharp and Hon Hai, also known as Foxconn, plan to build a liquid crystal display panel plant in the U.S. Tai and Gou apparently discussed the investment plan with American officials at the White House, seeking support such as tax incentives. Sharp intends to finalize the plan for the new factory by autumn.

The two executives visited the White House on April 27-28. They met with Trump as well as six governors hoping to woo factories in their home states, Tai noted. Trump said that he is a fan of Sharp and has high hopes for the company's products, according to Tai.

Gou mentioned in late January that construction of a U.S. plant was under consideration. The plan calls for investing some 800 billion yen ($7.1 billion), with Sharp taking a leading role.

The Nikkei Asian Review has previously reported Gou's visit to the White House. Though Gou was filmed by television cameras after his visit with Tai, the Hon Hai chief did not make clear whether he met Trump.

(Nikkei)

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